Dunelm Group plc (LON:DNLM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,097.67 ($14.83) and traded as high as GBX 1,196 ($16.15). Dunelm Group shares last traded at GBX 1,150 ($15.53), with a volume of 389,986 shares traded.
Analysts Set New Price Targets
Several research analysts have recently weighed in on DNLM shares. Berenberg Bank upped their target price on shares of Dunelm Group from GBX 1,430 to GBX 1,480 and gave the company a "buy" rating in a research note on Thursday, July 17th. UBS Group reaffirmed a "buy" rating and issued a GBX 1,385 price objective on shares of Dunelm Group in a report on Friday. Canaccord Genuity Group increased their price objective on shares of Dunelm Group from GBX 1,270 to GBX 1,320 and gave the stock a "buy" rating in a report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dunelm Group from GBX 1,320 to GBX 1,360 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 1,170 to GBX 1,225 and gave the company a "neutral" rating in a research report on Friday, July 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,349.17.
Check Out Our Latest Research Report on Dunelm Group
Dunelm Group Stock Performance
The stock has a market cap of £2.47 billion, a P/E ratio of 1,637.70, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm's 50-day moving average is GBX 1,189.91 and its two-hundred day moving average is GBX 1,101.73. The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84.
Insider Activity at Dunelm Group
In other news, insider Karen Witts sold 24,277 shares of Dunelm Group stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of GBX 1,178, for a total value of £285,983.06. 39.14% of the stock is currently owned by corporate insiders.
Dunelm Group Company Profile
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Dunelm is the UK's market leader in homewares with a purpose 'to help create the joy of truly feeling at home, now and for generations to come'. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.
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